My kids are still young (3 boys under 5) but I have slowly started to introduce them into real estate. When we drive by a property, I talk to them about how we own that house and someone lives there that pays us money...
Hello BP!
One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those rente...
This is something I hear real estate investors talk about all the time. Their goal is to build generational wealth for their kids, grandchildren, great grandchildren, etc. They believe by building a good real estate p...
I have a 2 bed 1 bath apartment currently being rented by 1 person. The tenant wanted to bring in a friend to occupy the other room and help pay the rent. I was planning on still collecting the full rent from the orig...
Hello and happy new year,I just closed on my first 3-plex today. Here are some high-level description and concerns about the property:-The property is fully rented by the same tenants for the past 5 years. -Tenants...
If I understand correctly, I can set the maximum # of occupants per unit. Can I also include maximum # of adults. For example: Prospective tenants are 2 married adults, they have 2 sons, 21 and 24. One of the sons has...
Hi All,I have a tenant who says her daughter, her daughter's husband, their 3 small children, and 2 small dogs need a place to stay while looking to buy a home. She says it may be 1 to 2 months. Can I legally charge t...
So, here is a fun one.After almost two years of renting our tenants are getting divorced and decided to break their lease. Their contract would have ended the end of June, but the husband moved out the second week of ...
There is a home in our neighborhood that has been abandoned for over 20 years. I was able to find info on the owner and she passed away in 2007 - she was nearly 100 years old. Prior to her passing, she lived in a co...
hey everyone,
i closed escrow last month on a land sale. buyer paid me half of the sale price (we'll call this the down payment), through escrow and he has 18 months to pay me the balance
the down payment already co...